What is the best way to buy mutual funds with the lowest commissions and lowest fees?

Answer 1

Simple! Go here! :D

https://flagship.vanguard.com/VGApp/hnw/accounttypes

Vanguard has no commissions (ZERO!) and either no or low fees. You deal directly with them, no middlemen. I LOVE that company! They have the highest paying money market, too! :)

~Cindy! :)

Answer 2

Find a firm that has a wide selection of no-load, low cost mutual funds. In particular, first look at their index funds to see just how low the costs can get:

- http://www.vanguard.com
- http://www.fidelity.com

In regards to the post above that suggests variable annuities (and I am really biting my tongue here) ... those are precisely the type of investments you want to avoid. 99% of variable annuities are nothing but dog crap on a stick because of their blatantly unecessary costs. When you hear the phrase "variable annuity" I want you to associate that with the phrase "genital herpes". In many ways they are alike. You get burned, and the sensation lasts for many years.

Answer 3

Homework-homework-homework . Tough question but there are answers.

First, why funds vs stocks vs ETF's vs variable annuities?

If the answers are about your time to learn, ability to analyze financial data and or desire to learn about the market(s); then it might be safer to choose something with guarantees or narrow risks parameters like variable annuities.

To me, it is important to know about financial fundamentals, charts and graphs and how to read a balance sheet. This may be way too much detail for your question, but if I intend to invest a lot of money over time and sweat equity and rely on someone else's judgments; I'd like to know what they are talking about and use a little critical thinking on my part and invest in stocks.

Whomever will manage your money whether in a small fund or a large fund will normally pay more attention to larger accounts and the squeaky wheels.

The closest to mutual funds are ETF's and cost about 10% to 30% of a mutual funds cost.

There are very good mutual funds that have a long and proven record. I've had one over 50 years and it has done well. Do your homework no one else will. Good luck & adios

Answer 4

Buy directly from the company. Find one with no load (sales commission) and low expenses. I would recommend Vanguard. www.vanguard.com

Answer 5

no load funds are the best overall vanguard has some good ones